Wanna track big boys' stock trades? Spiking levels the playing field for you

Singapore

HOMEGROWN fintech startup Aly on Friday launched Spiking, an app that seeks to level the playing field for retail investors by letting them track stock moves of over 8,000 sophisticated investors.

Spiking democratises access to information on the Singapore Exchange (SGX), said Aly chief executive Clemen Chiang. Sophisticated investors - those who invest in more than 5 per cent of a public-listed company - have resources to conduct due diligence, influence board decisions, and access more intimate knowledge than most other investors, he noted.